Waterloo Region Office MarketView Q4 2017

-The suburban Class A and B office market represented some of the greatest concerns for lender confidence within Canadian markets in 2017. However, since the purchase and recent resale of a significant amount of office space in suburban Waterloo, these properties have slowly brought an influx of quality office tenants to the area.

-The LRT system is projected to be ready for passenger service in the spring of 2018, despite only having three vehicles currently in Waterloo Region for testing.

-Office construction levels are up 161.3% year-over-year, with all currently active construction projects focused in Guelph and Waterloo